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Tantech raises $2.15M, says cash will support working capital
Tantech Holdings Ltd. (NASDAQ: TANH) has successfully closed a registered direct offering and concurrent private placements, raising approximately $2.15 million in gross proceeds. The company issued over 7.1 million common units, each comprising one common share and two warrants, at $0.30 per unit. The net proceeds are intended for general corporate purposes and working capital.
APR 1·Stock Titan→
Tantech (TANH) director Qian Hongdao listed as insider with no trades
Tantech Holdings Ltd. director Qian Hongdao has been identified as an insider through a Form 3 filing, which is an initial statement of beneficial ownership. The filing indicates no reported transactions, derivative positions, or share holdings, serving primarily as an administrative disclosure of insider status without any current share activity. This means there were no buy or sell transactions, no derivative securities listed, and no specific share positions disclosed for Mr. Hongdao in this report.